Title XIII, Education

grants, and work-study programs. (1) In the instance of loans, the rules and regulations adopted by the board may include, but not be limited to, those which: (a) Are necessary to qualify the authority as an insured lender under the Higher Education Act of 1965, as amended; (b) R…

(1) For purposes of this section, the terms "Best in Class for Teachers," "Best in Care for Nurses," and "Best in Law for Public Service Attorneys" mean the loan forgiveness programs established by the Higher Education Assistance Authority under its authority in KRS 164.744(2) an…

establish corporation to administer -- Annual report. (1) The board is authorized to incorporate an organization pursuant to KRS Chapter 273 for the eleemosynary, charitable, and educational purposes of administering an endowment trust. The organization so created shall be an ins…

Notwithstanding KRS 164.753(4)(d), the Kentucky Higher Education Assistance Authority may award college access program grants pursuant to KRS 164.753(4), to the extent funds are available for the purpose, to financially needy part-time and full-time undergraduate students, includ…

There are hereby created, but not by way of limitation, for the purpose of carrying out the purposes of KRS 164.740 to 164.764 the following special funds: (1) A "scholarship fund" to which shall be credited all funds appropriated by the General Assembly to the authority for scho…

Any person otherwise qualifying for an education loan advanced or guaranteed or approved by the authority or a national direct student loan as authorized by the National Defense Education Act of 1958, as amended, or a federally guaranteed student loan as authorized by the Higher …

(1) For purposes of this section unless the context requires otherwise: (a) "Critical shortage area" means an area in which there are insufficient numbers of fully certified staff in a particular subject, school, or geographic location; (b) "Emergency certified teacher" means an …

income or franchise taxes. (1) All property and income of the Kentucky Higher Education Assistance Authority shall be exempt from all taxes and assessment of any nature whatsoever. (2) Notwithstanding the provisions of any general or special law or the provisions of any certifica…

report. The authority shall be subject to the supervision and examination of the Department of Financial Institutions (or any successor), but shall not be deemed to be a banking organization nor required to pay a fee for any such supervision or examination. The authority shall fi…

The authority and its corporate existence shall continue until terminated by law upon a finding that there no longer exists any need for such an authority; provided, however, that no such law shall take effect so long as the authority shall have any loan guarantees outstanding. U…

All moneys and property received by the authority for purposes prescribed in KRS 164.740 to 164.764 are hereby appropriated to the authority for use as prescribed herein. State moneys appropriated that are not spent at the end of the fiscal year shall not lapse.

The authority is authorized, but not by way of limitation, to enter into such agreements as may be necessary under the federal act to provide programs of supplemental loans for students, parent loans for undergraduate student loans, and consolidation loans in accordance with Sect…

(1) No loan guarantee shall be approved, nor any loan, grant, scholarship, recognition award, work-study reimbursement, or other form of financial aid shall be disbursed, under programs authorized by KRS 164.740 to 164.785, to any student who is an inmate or who is incarcerated i…

teaching service in Kentucky -- Definitions -- Cancellation or repayment of notes -- Annual report. (1) It is the intent of the General Assembly to establish a teacher scholarship program to assist highly qualified individuals to become certified Kentucky teachers and render teac…

Procedures -- Repayment obligations -- Reporting requirements -- Fund. (1) The General Assembly hereby establishes the Teacher Recruitment Student Loan Forgiveness Pilot Program to encourage and assist individuals in becoming certified teachers in Kentucky public schools. (2) As …

Reporting requirements. (1) The General Assembly hereby establishes the Student Teacher Stipend Program to reduce financial barriers to students in completing educator preparation programs and entering the educator workforce. (2) As used in this section: (a) "Academic term" means…

obligations under financial assistance programs -- Withholding of prize winnings. The Kentucky Lottery Corporation and the authority shall develop a system to allow the Kentucky Lottery Corporation to receive on a periodic basis a list of persons declared in default of repayment …

(1) As a result of the rising school population and the continuously rising cost of providing for the higher education of young people, there exists in the Commonwealth of Kentucky an urgent need to use all available educational resources wisely; (2) Within the Commonwealth, ther…

scholarship. (1) The State of Kentucky shall grant an amount as provided in KRS 164.780 and this section to any applicant who meets the following qualifications: (a) Is a Kentucky resident as defined by the Kentucky Council on Postsecondary Education; and (b) 1. Has been accepted…

(1) For purposes of this section: (a) "Academic term" means the fall or spring academic semester; (b) "Academic year" means July 1 through June 30 of each year; (c) "Approved dual credit course" means a dual credit course developed in accordance with KRS 164.098 and shall include…

Scholarship amount -- Annual report -- Trust fund. (1) The General Assembly hereby establishes the Work Ready Kentucky Scholarship Program to ensure that all Kentuckians who have not yet earned a postsecondary degree have affordable access to an industry-recognized certificate, d…

(1) The General Assembly hereby establishes the Optometry Scholarship Program to provide eligible Kentucky students the opportunity to attend an accredited school of optometry to become certified practitioners rendering medical service in the Commonwealth. (2) For purposes of thi…

(1) The General Assembly of the Commonwealth of Kentucky hereby declares that the best interest of the Commonwealth mandates that financial assistance be provided to ensure access of Kentucky citizens to public and private postsecondary education at the postsecondary educational …

As used in KRS 164.7871 to 164.7885: (1) "Academic term" means a semester or other time period specified in an administrative regulation promulgated by the authority; (2) "Academic year" means a period consisting of at least the minimum school term, as defined in KRS 158.070; (3)…

sources, including lottery revenues. (1) There is established in the State Treasury a permanent and perpetual fund to be known as the "Wallace G. Wilkinson Kentucky Educational Excellence Scholarship Trust Fund" to which shall be credited net lottery revenues transferred in accor…

certain out-of-state educational experience in grade point average calculation - - Graduation after three years -- Supplemental award eligibility and calculation of amounts. (1) Kentucky educational excellence scholarship awards shall be based upon an established base scholarship…

awards -- Time limits for receiving aid -- Adjustment of amounts and loss of award -- Extension of time limits -- Senator Jeff Green Scholars. (1) Eligible high school students who have graduated from high school and eligible postsecondary students who have earned a Kentucky educ…

students enrolled in comprehensive transition and postsecondary program -- Amounts -- Terms -- Administrative regulations. (1) Notwithstanding any other statute to the contrary, a student shall be eligible for a Kentucky educational excellence scholarship who: (a) 1. Received an …

An eligible student who has earned a Kentucky educational excellence scholarship, or the Kentucky educational excellence scholarship and the supplemental award, and who is enrolled in an out-of-state institution shall be eligible to receive the Kentucky educational excellence sch…

qualified workforce training program, qualified proprietary school program, approved workforce solutions training program, or college of art and design for Kentucky educational excellence scholarship. (1) As used in this section: (a) "Academic year" means July 1 through June 30 o…

list -- Verification of eligibility -- Reduction of award -- Students ineligible for awards -- Administrative regulations. (1) Not later than August 1, 1999, and each June 30 thereafter, each Kentucky high school shall submit to the authority, a compiled list of all high school s…

Notwithstanding the provisions of KRS 164.7535 and 164.785 to the contrary, if sufficient funds are available, the authority shall do one (1) of the following: (1) Promulgate an administrative regulation to increase the maximum amount available under the grant programs to each st…

(1) To ensure the public health purpose of access to pharmaceutical services in the coal-producing counties of the Commonwealth, which have been traditionally underserved for pharmaceutical services due to a shortage of pharmacists in the Commonwealth, the General Assembly hereby…

(1) It is the intent of the General Assembly to establish a scholarship program to provide eligible Kentucky students the opportunity to attend an accredited osteopathic school of medicine located in the Commonwealth and become certified practitioners rendering medical service in…

(1) The early graduation scholarship trust fund is created as a separate restricted fund to be administered by the Kentucky Higher Education Assistance Authority. The trust fund shall consist of funds from grants, contributions, appropriations, or other moneys made available for …

(1) The General Assembly recognizes that the bachelor degree attainment rate in the coal-producing counties of Kentucky is lower than the state average. It is the intent of the General Assembly to establish the Kentucky Coal County College Completion Program to assist residents o…

Loan Repayment Program -- Purpose -- Eligibility -- Rural veterinary care trust fund -- Annual report. (1) As used in this section: (a) "Authority" means the Kentucky Higher Education Assistance Authority; (b) "Eligible student loan" means a federally guaranteed student loan unde…

regulations -- Purchase of annual enrollment spaces -- Tuition credits -- Veterinary Contract Spaces Program trust fund. (1) For purposes of this section: (a) "Authority" means the Kentucky Higher Education Assistance Authority; (b) "Full enrollment space amount" means the differ…

Interest -- Appropriations. (1) There is established and created in the Council on Postsecondary Education a Strategic Investment and Incentive Funding Program for postsecondary education to consist of a system of strategic financial assistance awards to institutions, systems, ag…

Allotment of appropriations. (1) The individual trust funds in the Strategic Investment and Incentive Funding Program may receive state appropriations, gifts and grants from public and private sources, and federal funds. Any unallotted or unencumbered balances in the individual t…

(1) The Council on Postsecondary Education shall make a biennial budget request to the General Assembly and to the Governor with regard to: (a) Specific funding amounts to be appropriated to each individual trust fund in the Strategic Investment and Incentive Funding Program; (b)…

(1) (a) The research challenge trust fund created by KRS 164.7911 may include separate, subsidiary programs and related accounts, such as an Endowed Professorship Matching Program, an Endowed Chairs Matching Program, an External Research Grant Matching Program, a Graduate Assista…

(1) (a) The comprehensive university excellence trust fund created by KRS 164.7911 shall consist of six (6) separate accounts: one (1) for Eastern Kentucky University; one (1) for Kentucky State University; one (1) for Morehead State University; one (1) for Murray State Universit…

(1) (a) The technology initiative trust fund created by KRS 164.7911 is intended to support investments in electronic technology for postsecondary education throughout the Commonwealth to improve student learning. (b) The Council on Postsecondary Education may establish separate …

(1) The physical facilities trust fund created by KRS 164.7911 is intended to provide sufficient financial assistance for unexpected contingencies for the construction, improvement, renovation, or expansion of the physical facilities of the postsecondary education system. (2) The…

(1) The postsecondary workforce development trust fund created by KRS 164.7911 is intended to provide financial assistance to further cooperative efforts among community colleges and technical institutions and for the acquisition of equipment and technology necessary to provide q…

(1) (a) The student financial aid and advancement trust fund created by KRS 164.7911 is intended to provide financial assistance that encourages student access to postsecondary education including regionally accredited or nationally accredited technical institutions and colleges,…

Committee -- Role of council -- Institutions involved in program. (1) The Commonwealth Virtual University shall be the academic programs made available to the citizens of the Commonwealth through the use of modern methods of communications and information dissemination as determi…

exigency -- Operational restrictions and duties. (1) Kentucky State University, recognized as an 1890 land-grant university that is Kentucky's only public Historically Black College or University (HBCU), shall be a four (4) year residential polytechnic institution that focuses on…

closure of academic programs -- Limitations on areas of study -- Termination of employment. (1) The Kentucky State University board of regents, in consultation with the Council on Postsecondary Education, shall conduct a thorough review of all academic programs for long-term viab…